MNCs Are Increasingly Setting Up Regional Headquarters in Global South

question 45

True/False

MNCs are increasingly setting up regional headquarters in Global South countries to take advantage of lower wages and high skills.

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Definitions:

Seawater

Water from a sea or ocean, characterized by its high salinity and containing various minerals and substances dissolved in it.

Nitrogen Cycle

The series of processes by which nitrogen and its compounds are interconverted in the environment and in living organisms, including nitrogen fixation and decomposition.

Bacteria

Microscopic, single-celled organisms found in diverse environments, capable of performing various biochemical processes.

Nitrogen Fixation

The chemical processes by which atmospheric nitrogen is assimilated into organic compounds, especially by certain microorganisms as part of the nitrogen cycle.